C000055930 Fees and Costs — Fidelity Small Cap Enhanced Index Fund
Data updated: 2023-10-27
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $559K in broker commissions, 0.0964% of average net assets, and portfolio turnover was 98%.
C000055930 Fees and Expenses
Annual operating expenses and sales charges of C000055930. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000055930 Costs Over Time
On $10,000 invested in C000055930, assuming 5% a year before costs, total costs come to $407 over 5 years, cutting the return by 0.68% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $10 | $32 | $55 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $68 | $223 | $407 |
| Value after costs | $10,432 | $11,353 | $12,356 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
C000055930 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0964%
- Total broker commissions: $559K
- Bought from dealers (principal trades, not a cost): $934K
- Portfolio turnover (prospectus): 98%
- Securities on loan, average value: $56.9M
- Net income from securities lending: $118K (0.020% of average net assets)
C000055930 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $156K | 28.01% |
| BANK OF AMERICA CORPORATION | $147K | 26.51% |
| MORGAN STANLEY | $125K | 22.43% |
| CREDIT SUISSE GRP AG | $110K | 19.69% |
| GOLDMAN SACHS GROUP INC (THE) | $7K | 1.18% |
| NOMURA HOLDINGS INC | $6K | 1.04% |
| UBS GROUP AG | $3K | 0.51% |
| BARCLAYS PLC | $2K | 0.32% |
| ROYAL BANK OF CANADA | $942 | 0.17% |
| VIRTU FINANCIAL INC | $835 | 0.15% |
C000055930 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $934K | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.